The forecast for sold production of rendered lard and other pig fat in the UK from 2024 to 2028 shows a consistent decline. In 2023, the actual production stood at a higher point than projected for 2024. The year-on-year decrease is estimated at approximately 9.77% from 2024 to 2025, followed by further drops of 10.63%, 11.67%, and 12.91% in the subsequent years, culminating in a five-year CAGR of -11.44%.
Future trends to watch for:
- Potential changes in consumer preferences towards healthier fats.
- Influence of economic factors on pig farming and meat processing industries.
- Regulatory changes impacting production and use of animal fat products.
- Technological advancements in rendering processes that might affect production levels.